Reconciliation Report & General Journal

[Elizabeth Dodd]

On Sat, 24 Oct 2009, Derek Atkins wrote:
> > 1.       Is there a Bank Reconciliation Report?
>
> Yes, it's called a "Bank Statement" and it arrives in the mail every month.


No, a Bank Reconciliation Report is another step after the bank statement
where you add in the last deposits and subtract the last cheques and show that 
the balance you have recorded still is the same as the bank's record of the 
balance.

-- 
BOFH excuse #172:

pseudo-user on a pseudo-terminal